RDC: Next swing ahead

As I mentioned a couple weeks ago, RDC is more for longtime investors.

BUT: I've traded it a few times allready, and had some big swings and huge profits with it. So here I tell you again, it is a buy!

At the point where we stand right now, a correction has happened, and price should rise again for a couple bars.

If you decide to go long here, I advise regular trailing your stops if you are only in for a swing, or invest an let it go.

Right now, I will enter a new position, with

Stop loss: 11.13
Take profit: 12.50

Risk/Reward 1.8

So, I hope this is helpful for you,

Safe trades and good profits!

Comment:

nearly got stopped out, but now: profits!